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3 bed property
Kings Cross Road, King's Cross, London WC1X
£1,450,000
Kings Cross Road, King's Cross, London WC1X
£1,450,000
Our Summary
- Planning permission granted to add an additional floor and create an impressive self contained 3-bedroom apartment
- Prime Kings Cross location, also close to Clerkenwell, both existing use potential with ERVs of over £70k, and development potential which would give the building an end value of £2,000,000
- ERVs of £70,000 for the current building, with uplift on this should the property be extended
Description
This fantastic freehold property is currently set up as a commercial unit with residential apartments above, offering a prime location in King's Cross, close to Clerkenwell. The property has planning permission to add an additional floor, transforming it into a self-contained 3-bedroom apartment with impressive development potential, valued at £2 million. The existing use of the property generates ERVs of over £70,000, making it an attractive investment opportunity. With its central location, the property is easily accessible to Bloomsbury, Angel, and Euston, making it an ideal spot for businesses and residents alike.